2020 Real Estate Market Condition & Stats

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February 2020 Real Estate Market Conditions & Stats

• Within the City of Barrie there were 228 residential sales recorded in February 2020.
• The average price of homes sold in February 2020 was $515,118, up 10.9%.
• In the surrounding areas there was a total of 223 units sold in February 2020
• The average price of homes sold in the surrounding areas in 2020 was $544,023; an increase of 5.2% when compared to 2019.
• Active residential listings numbered 751 units at the end of February.

• Home Price Index is a more accurate way to track price trends. The H.P.I, or benchmark price for Barrie and District was $490,500 in February 2020 up 5.2% compared with February 2020.
• Benchmark price (H.P.I) for single family homes was $499,900 up 4.9%.
• Benchmark price for town-homes was $328,900 up 10%,
• Benchmark price for apartment style units was $372,900, up 8.3%

January 2020 Real Estate Market Conditions & Stats

• Within the City of Barrie there were 125 residential sales recorded in January 2020, an increase of 19% on a year-over-year basis. The average price of homes sold in January 2020 was $508,625, up 10.9%.
• In the surrounding areas there was a total of 128 units sold in January 2020
• The average price of homes sold in the surrounding areas in 2020 was $539,855; an increase of 5.8% when compared to 2019.
• Active residential listings numbered 751 units at the end of January.

• Home Price Index is a more accurate way to track price trends. The H.P.I, or benchmark price for Barrie and District was $481,100 in January 2020 up 1.7% compared with January 2020.
• Benchmark price (H.P.I) for single family homes was $490,400 up 1.4%.
• Benchmark price for town-homes was $320,500 up 7.6%,
• Benchmark price for apartment style units was $364,800, up 3.6%